EduSahara™ Worksheet

Question 1

1.

If the simple interest on a certain principal is ₹1950.00 for 3 year(s) at ROI 5.00% p.a. computed half yearly, then the compound interest for the same principal, terms and ROI =

(i)

₹2074.01
(ii)

₹2076.01
(iii)

₹2077.01
(iv)

₹2078.01
(v)

₹2075.01

Question 2

2.

If the difference of compound and simple interest on a certain principal is ₹420.51 for ROI 5.00% p.a. and no of year(s) 5 computed annually, then the principal =

(i)

₹16002.00
(ii)

₹15998.00
(iii)

₹16000.00
(iv)

₹15999.00
(v)

₹16001.00

Question 3

3.

If ROI is 9.00% p.a., no of year(s) is 5 and accumulated compound interest is ₹9400.48 computed half yearly, then amount is

(i)

₹26399.48
(ii)

₹26400.48
(iii)

₹26401.48
(iv)

₹26398.48
(v)

₹26402.48

Question 4

4.

The present value of a machine is ₹16000.00. Suppose it depreciates at the rate of 11.00% per annum, what was the value of the machine 5 year(s) ago?

(i)

₹28654.99
(ii)

₹28650.99
(iii)

₹28653.99
(iv)

₹28651.99
(v)

₹28652.99

Question 5

5.

If the simple interest on a certain principal is ₹1050.00 for 3 year(s) at ROI 7.00% p.a. computed annually, then the compound interest for the same principal, terms and ROI =

(i)

₹1126.22
(ii)

₹1125.22
(iii)

₹1127.22
(iv)

₹1123.22
(v)

₹1124.22

Question 6

6.

If principal is ₹5000.00, ROI is 2.00% p.a., no of year(s) is 5 and interest type is compound interest computed quarterly, then interest is

(i)

₹525.48
(ii)

₹526.48
(iii)

₹522.48
(iv)

₹523.48
(v)

₹524.48

Question 7

7.

If the compound interest on a certain principal is ₹1830.40 for 2 year(s) at ROI 8.00% p.a. computed annually, then what is the compound interest for the same principal and ROI for 4 year(s)?

(i)

₹3965.38
(ii)

₹3967.38
(iii)

₹3963.38
(iv)

₹3966.38
(v)

₹3964.38

Question 8

8.

If principal is ₹13000.00, ROI is 9.00% p.a. and accumulated compound interest computed half yearly is ₹3929.38, then no of years is

(i)

1
(ii)

5
(iii)

4
(iv)

3
(v)

2

Question 9

9.

Calculate the amount on
₹18000.00
for
2

1
4
years

at
7.00% p.a.
compounded
annually

(i)

₹20970.84
(ii)

₹20968.84
(iii)

₹20969.84
(iv)

₹20967.84
(v)

₹20966.84

Question 10

10.

If principal is ₹16000.00 and compound interest amount is ₹21502.66 for 5 year(s) computed half yearly, then ROI per annum is

(i)

4.00%
(ii)

5.00%
(iii)

6.00%
(iv)

8.00%
(v)

7.00%

Question 11

11.

If principal is ₹6000.00 and compound interest amount is ₹8784.60 for 4 year(s) computed annually, then interest is

(i)

₹2785.60
(ii)

₹2786.60
(iii)

₹2783.60
(iv)

₹2784.60
(v)

₹2782.60

Question 12

12.

If the compound interest on a certain principal is ₹2469.49 for 4 year(s) at ROI 9.00% p.a. computed annually, then the simple interest for the same principal, terms and ROI =

(i)

₹2159.00
(ii)

₹2160.00
(iii)

₹2158.00
(iv)

₹2162.00
(v)

₹2161.00

Question 13

13.

If principal is ₹17000.00 and compound interest amount is ₹25261.11 for 5 year(s) computed quarterly, then ROI per annum is

(i)

8.00%
(ii)

6.00%
(iii)

10.00%
(iv)

7.00%
(v)

9.00%

Question 14

14.

If ROI is 9.00% p.a., no of year(s) is 4 and accumulated compound interest is ₹4703.84 computed quarterly, then principal is

(i)

₹10998.00
(ii)

₹10999.00
(iii)

₹11001.00
(iv)

₹11002.00
(v)

₹11000.00

Question 15

15.

A man invests a ₹20000.00 for 5 years at 7.00% p.a. compounded annually. If 7% of the accrued interest at the end of each year is deducted as income tax, find the amount he receives at the end of 5 years.

(i)

₹27414.60
(ii)

₹27416.60
(iii)

₹27413.60
(iv)

₹27412.60
(v)

₹27415.60

Question 16

16.

If the compound interest on a certain principal is ₹1035.30 for 2 year(s) at ROI 3.00% p.a. computed annually, then what is the compound interest for the same principal and duration at 4.00% p.a. ROI?

(i)

₹1385.20
(ii)

₹1387.20
(iii)

₹1388.20
(iv)

₹1389.20
(v)

₹1386.20

Question 17

17.

If ROI is 8.00% p.a., no of year(s) is 2 and accumulated compound interest is ₹2547.88 computed half yearly, then principal is

(i)

₹15001.00
(ii)

₹14999.00
(iii)

₹14998.00
(iv)

₹15002.00
(v)

₹15000.00

Question 18

18.

If P = Principal, n = no of terms, R = rate of interest, formula for amount at compound interest is

(i)

P

[

1

+

100

PR

]

n
(ii)

P

[

1

−

R

100

]

n
(iii)

P

[

1

+

100

P

]

n
(iv)

P

[

1

+

PR

100

]

n
(v)

P

[

1

+

R

100

]

n

Question 19

19.

If principal is ₹7000.00, ROI is 9.00% p.a. and accumulated compound interest computed quarterly is ₹1363.82, then no of years is

(i)

4
(ii)

2
(iii)

3
(iv)

1
(v)

5

Question 20

20.

If principal is ₹14000.00, ROI is 2.00% p.a., no of year(s) is 3 and interest type is compound interest computed annually, then interest is

(i)

₹858.91
(ii)

₹854.91
(iii)

₹857.91
(iv)

₹855.91
(v)

₹856.91

Question 21

21.

Calculate the amount due on ₹12000.00 in 5 years when the rates of interest during successive years are 6.00% p.a., 8.00% p.a., 3.00% p.a., 4.00% p.a., 7.00% p.a. respectively.

(i)

₹15744.82
(ii)

₹15745.82
(iii)

₹15746.82
(iv)

₹15743.82
(v)

₹15747.82

Question 22

22.

If principal is ₹5000.00, ROI is 8.00% p.a. and accumulated compound interest computed annually is ₹832.00, then amount is

(i)

₹5830.00
(ii)

₹5833.00
(iii)

₹5834.00
(iv)

₹5832.00
(v)

₹5831.00

Question 23

23.

The population of a city is 60000. If the rate of decrease in population is 9.00% per annum, what is the popoulation after 2 year(s)?

(i)

49676
(ii)

49696
(iii)

49706
(iv)

49686
(v)

49666

Question 24

24.

If principal is ₹12000.00, no of year(s) is 5 and accumulated compound interest computed half yearly is ₹5762.93, then amount is

(i)

₹17760.93
(ii)

₹17762.93
(iii)

₹17764.93
(iv)

₹17763.93
(v)

₹17761.93

Question 25

25.

If principal is ₹6000.00 and compound interest amount is ₹7313.97 for 5 year(s) computed half yearly, then interest is

(i)

₹1312.97
(ii)

₹1313.97
(iii)

₹1314.97
(iv)

₹1311.97
(v)

₹1315.97

Assignment Key